[Answer] What happens when the quantity of goods is higher than demand?

Answer: excess supply

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What happens when the quantity of goods is higher than demand? when the quantity demanded at a given price is higher then the quantity supplied. excess supply. when the quantity supplied at a given price is higher then the quantity demanded. On a graph a(n) ___________ supply shows the demand portion of equilibrium. demand curve. the point where supply and demand meet and prices are set. excess demand . when the quantity demanded at a given price is higher then the quantity supplied. excess supply. when the quantity supplied at a given price is higher then the quantity demanded . Start studying Determining Market Place. Learn vocabulary terms and more with flashcards games and other study tools. ... Supply and demand meet at a specific quantity . Supply and demand meet at a specific price. ... What happens when the quantity of goods is higher than demand ? excess supply. The demand for bread will fall which could result in an excess supply . (2.4)A pair of stylish sneakers could be considered a because it is not a necessity. Want Start studying Econ- Unit 3. Learn vocabulary terms and more with flashcards games and other study tools. ... a supply curve is higher t...

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